Week 17 04-25-2023
MANAGEMENT MEETING
Duration: 8:30am - 11:05am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ADETAYO OLUKOGA - Asset Creation (Public Sector)
ANTHONIA OGBU - Lead, Underwriting
BLESSING YAHAYA - Ag head, Treasury
CHINEDU UGWU - Legal
EMMANUEL ONAKOYA - Head, CRM
EDNA EJIMAKOR - Branch Manager, Port Harcourt
FIDELIS AZUBUIKE - Head, Software
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Ag. Head, Communications
ISMAIL BALOGUN - Account
ISIMEMEN EBHOMIEN - Account
KEHINDE OYEBADE - Ag. Head Business Operations
KHADIJAH RAJI - Relationship Manager, Coperate Lease
LINDA OTTAH-IJEKEYE - Brokers Admin
OLUSEGUN AKEJU - Portfolio Risk Analyst
OLUWADAMILARE OLAYINKA - Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Strategic Partnership
OLUWOLE EWEJOBI - Head, Information Technology
OMOWALE BELLO - Coperate Lease
PETER OJUKWU - Ag, Head, Recovery & Collections
SAMUEL OTTAH - Rep, Product Development
SOPHIA DAGI - Ag Head, Client Experience Management
STANLEY MAFUVWE - Lead, Asset Remedial Management
VICTOR NGEREM - Asset Creation
OPENING PRAYER
Faith Ozegbe said the opening prayer
ADOPTION OF MINUTES
Sophia Dagi seconded by Linda Ottah-Ijekeye adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Account, Client Experience Management, Sales Operations, Asset Creation, Asset Creation (Public Sector), Strategic Partnership, Co-operate Lease, Treasury, Credit Risk Management, Business Operations, Product Development, and Legal.
ACTIVITY REPORT (17th – 21st April, 2023)
Accounts Team Report
For the week in review, Risk asset/Cash backed loan performance shows Lagos: 82.9M, Abuja - 15M, Port Harcourt - 15.2M. Liability generation Performance Inflow: Lagos - 153.3M, Port Harcourt - 28.2M, Outflow: Lagos - 18.7M, Port Harcourt - 541.2K, Abuja - 6.1M
Client Experience Management Team Report
For the period in review 877, conversations were recorded. 43.18% from Lagos, 29.62% from Port Harcourt, and 27.22% from Abuja. The Channels of communication breakdown: WhatsApp @21.77%, Facebook @46.55% Phone @17.89%, Walk-in @12.07%, Twitter @1.08%, Instagram @0.65%. All complaints received will be taken up with concerned stakeholders.
Sales Operations and Strategy Team Report
RISK ASSET
Overall Sales – 121.24M
Internal Loyalty 3 plus performing the highest
Team Performance: Client Experience: 0.16%, Telesales: 36.92%, Sales: 62.91%
Product Type Performance: Public – 12.13M (10%), Personal Loan - 109.11M (90%).
Unit Location Performance: Lagos- 82.9M, Abuja - 15.1M, Port Harcourt – 14.8M, Anambra - 4.0M. Oyo - 3.0M, Rivers - 0.4M, Ondo - 0.4M
Asset Creation report
For the period in review, Transactions disbursed are 47.6M. Others are at various transaction stages.
Asset Creation Report (Public Sector)
For the period in review, Transactions disbursed are 23.1M. Others are at various transaction stages.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 6.2M (55% 0f the budget). The report also captures the activities, visits, and pending partnerships in the public and private sectors.
Brokers Admin Team Report
The week in review shows liability generation is 116.6% (22.4M) of the budget. Risk Asset Transaction Disbursed for the week 2.5M, Fresh Fund (RTN) for the Week 20M, Reap Fund for the week 405K, Rollover for the week 2M, Liquidation for the week 100K. The report also captured Pending RTN transactions.
Cooperate Lease Team Report
shows all transactions of the existing operating lease clients and their outstanding payments. The report also captures transactions in the pipeline (operating lease).
Treasury Team Report
For the week in review Executive summary shows the Liquidity Requirement status as BAD. Week 15 experienced a net positive change in cash flow from 185M negative in week 14 to 55M positive. Treasury reported a positive 55M total NetFlow, with 116 million inflows and 61 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 257 transactions and pushed back 177 transactions. The senior underwriters approved 115 transactions and pushed back 86 transactions. The report also shows the recovery for the period in review.
Captures ongoing and completed projects.
Business Operations Team Report
Captures ongoing and completed projects.
Legal Team Report
The report captures the litigation and other tasks for the week in review.
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 16 | Ending | 22-Apr-23 | ||||||
| BAL B/F | WEEK 16 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 685,099,987.84 | 82,931,000.00 | 768,030,987.84 | 33,476,350.00 | 734,554,637.84 | 1,408,748,354.51 | -48% | 534,758,371.27 | 44% |
| Consumer Leases | 951,141.97 | 951,141.97 | 951,141.97 | 29,767,272.56 | -97% | 1,049,188.15 | -9% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 686,051,129.81 | 82,931,000.00 | 768,982,129.81 | 33,476,350.00 | 735,505,779.81 | 1,438,515,627.07 | -48.87% | 535,807,559.42 | 44% |
| Corporate Leases | - | - | 4,117,776.99 | -100% | 0% | ||||
| Operating Leases | - | - | 300,554,141.91 | -100% | 25,531,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | 13,582,800.00 | - | 13,582,800.00 | 13,582,800.00 | 4,848,879.57 | 180% | 5,000,000.00 | 172% | |
| Sub-Total | 13,582,800.00 | - | 13,582,800.00 | - | 13,582,800.00 | 309,520,798.47 | -95.61% | 30,531,250.00 | -56% |
| B2C - Products | 686,051,129.81 | 82,931,000.00 | 768,982,129.81 | 33,476,350.00 | 735,505,779.81 | 1,438,515,627.07 | -49% | 535,807,559.42 | 44% |
| B2B - Products | 13,582,800.00 | - | 13,582,800.00 | - | 13,582,800.00 | 309,520,798.47 | -96% | 30,531,250.00 | -56% |
| TOTAL FOR LAGOS | 699,633,929.81 | 82,931,000.00 | 782,564,929.81 | 33,476,350.00 | 749,088,579.81 | 1,748,036,425.54 | -57.15% | 566,338,809.42 | 38% |
| Cash Backed loan / Credit Card | 1,000,000.00 | 1,000,000.00 | 1,000,000.00 | 41,236,156.55 | -98% | 34,150,000.00 | -97% | ||
| Total Risk Assets & Cash-Backed Loan | 700,633,929.81 | 82,931,000.00 | 783,564,929.81 | 33,476,350.00 | 750,088,579.81 | 1,789,272,582.09 | -58.08% | 600,488,809.42 | 30% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 16 | Ending | 22-Apr-23 | ||||||
| BAL B/F | WEEK 16 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2023 vs 2022 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 782,637,974.73 | -72% | 186,167,098.99 | 18% |
| Consumer Leases | - | - | 16,537,373.65 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 799,175,348.37 | -73% | 186,167,098.99 | 18% |
| Corporate Lease | - | - | 2,287,653.88 | -100% | 0% | ||||
| Operating Leases | - | - | 166,974,523.29 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 2,693,821.98 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 171,955,999.15 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 799,175,348.37 | -73% | 186,167,098.99 | 18% |
| B2B - Products | - | - | - | - | - | 171,955,999.15 | -100% | - | 0% |
| TOTAL FOR ABUJA | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 971,131,347.52 | -78% | 186,167,098.99 | 18% |
| Cash Backed loan / Credit Card | - | - | 22,908,975.86 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 994,040,323.38 | -78% | 186,167,098.99 | 18% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 16 | Ending | 22-Apr-23 | ||||||
| BAL B/F 2023 | WEEK 16 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 185,390,863.40 | 15,278,000.00 | 200,668,863.40 | 11,984,291.39 | 188,684,572.01 | 939,165,569.67 | -80% | 248,614,000.00 | -19% |
| Consumer Leases | - | - | 19,844,848.37 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 185,390,863.40 | 15,278,000.00 | 200,668,863.40 | 11,984,291.39 | 188,684,572.01 | 959,010,418.05 | -80.33% | 248,614,000.00 | -19% |
| Corporate Leases | - | - | 2,745,184.66 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 200,369,427.94 | 68% | 0% | |||
| Business Support Loan/ACL-Corporate | - | - | 3,232,586.38 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 336,000,250.00 | 0 | 336,000,250.00 | 0 | 336,000,250.00 | 206,347,198.98 | 62.83% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 185,390,863.40 | 15,278,000.00 | 200,668,863.40 | 11,984,291.39 | 188,684,572.01 | 959,010,418.05 | -80% | 248,614,000.00 | -19% |
| B2B - Products | 336,000,250.00 | - | 336,000,250.00 | - | 336,000,250.00 | 206,347,198.98 | 63% | - | 0% |
| TOTAL FOR PORT HARCOURT | 521,391,113.40 | 15,278,000.00 | 536,669,113.40 | 11,984,291.39 | 524,684,822.01 | 1,165,357,617.02 | -54.98% | 248,614,000.00 | 116% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 27,490,771.03 | -100% | 0 | 0% | |||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 521,391,113.40 | 15,278,000.00 | 536,669,113.40 | 11,984,291.39 | 524,684,822.01 | 1,192,848,388.05 | -56.01% | 248,614,000.00 | 116% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 16 | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | 8,468,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | 0 | 8,468,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | - | 0% | 0% | |||||
| Operating Leases | - | - | 0% | 0% | |||||
| Business Support Loan/ACL-Corporate | - | - | 0% | 0% | |||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | - | 8,468,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | 0 | 8,468,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | 0 | 8,468,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | OYO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | 8,005,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | 0 | 8,005,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | - | 8,005,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | 0 | 8,005,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | 0 | 8,005,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ONDO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 350,000.00 | 350,000.00 | 350,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 0 | 350,000.00 | 350,000.00 | 0 | 350,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | - | 350,000.00 | 350,000.00 | - | 350,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 0 | 350,000.00 | 350,000.00 | 0 | 350,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 0 | 350,000.00 | 350,000.00 | 0 | 350,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | CONSOLIDATED BRANCH PERFORMANCE | ||||||||
| CONSOLIDATED | BAL B/F 2023 | WEEK 16 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2023 | NET PERFORMANCE 2023 | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2023 & 2022 |
| Personal Loan | 1,083,653,148.24 | 121,240,000.00 | 1,204,893,148.24 | 46,977,197.00 | 1,157,915,951.24 | 3,130,551,898.91 | -63% | 969,539,470.26 | 24% |
| Cash Backed loan / Credit Card | 1,000,000.00 | - | 1,000,000.00 | - | 1,000,000.00 | 91,635,903.44 | -99% | 34,150,000.00 | -97% |
| Consumer Leases | 951,141.97 | - | 951,141.97 | - | 951,141.97 | 66,149,494.58 | -99% | 1,049,188.15 | -9% |
| Asset Cash Loan | - | - | - | - | - | 0% | - | 0% | |
| SPBS | - | - | - | - | - | 0% | - | 0% | |
| Business Support Loan/ACL-Corporate | 13,582,800.00 | - | 13,582,800.00 | - | 13,582,800.00 | 10,775,287.92 | 26% | 5,000,000.00 | 172% |
| Corporate Leases | - | - | - | - | - | 9,150,615.53 | -100% | - | 0% |
| Operating Leases | 336,000,250.00 | - | 336,000,250.00 | - | 336,000,250.00 | 667,898,093.14 | -50% | 25,531,250.00 | 1216% |
| Total Risk Assets & Cash-Backed Loan | 1,435,187,340.21 | 121,240,000.00 | 1,556,427,340.21 | 46,977,197.00 | 1,509,450,143.21 | 3,976,161,293.52 | -62.04% | 1,035,269,908.41 | 50.34% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 16 | Ending | 22-Apr-23 | ||||||
| LAGOS | BAL B/F | INFLOW | OUTFLOW | NET FLOW | CUM BUDGET YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
BUDGET VARIANCE YEAR TO DATE |
% CHANGE BETWEEN 2023 & 2022 (ACTUAL) |
| 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 | |||
| TENOR FUND | -107,752,211.18 | 152,500,000.00 | 18,155,439.50 | 134,344,560.50 | 266,063,124.60 | 26,592,349.32 | 430,006,802.20 | -239,470,775.28 | -94% |
| R-WIN | -11,063,524.81 | 255,000.00 | 540,000.00 | -285,000.00 | 5,847,541.20 | -11,348,524.81 | -9,604,018.31 | -17,196,066.01 | 18% |
| REAP PRODUCT | -3,095,522.96 | 570,000.00 | 20,000.00 | 550,000.00 | 20,466,394.20 | -2,545,522.96 | 1,662,723.33 | -23,011,917.16 | -253% |
| RBIP | - | ||||||||
| TOTAL | -121,911,258.95 | 153,325,000.00 | 18,715,439.50 | 134,609,560.50 | 292,377,060.00 | 12,698,301.55 | 422,065,507.22 | -279,678,758.45 | -97% |
| ABUJA | |||||||||
| TENOR FUND | 28,934,089.38 | 45,830,675.39 | -45,830,675.39 | 118,250,277.60 | -16,896,586.01 | 45,813.50 | -135,146,863.61 | -36981% | |
| R-WIN | - | - | 2,598,907.20 | - | - | -2,598,907.20 | - | ||
| REAP PRODUCT | -351,683.61 | - | 9,096,175.20 | -351,683.61 | -72,366.87 | -9,447,858.81 | 386% | ||
| TOTAL | 28,582,405.77 | - | 45,830,675.39 | -45,830,675.39 | 129,945,360.00 | -17,248,269.62 | -26,553.37 | -147,193,629.62 | 64857% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -93,328,853.18 | 153,325,000.00 | 64,546,114.89 | 88,778,885.11 | 422,322,420.00 | -4,549,968.07 | 422,038,953.85 | - | -101% |
| PORT-HARCOURT | |||||||||
| WEEK 16 | |||||||||
| TENOR FUND | 385,266,425.03 | 28,000,000.00 | 5,621,888.97 | 22,378,111.03 | 206,937,985.80 | 407,644,536.06 | -2,120,424.67 | 200,706,550.26 | -19325% |
| R-WIN | 280,000.00 | - | 4,548,087.80 | 280,000.00 | 229,417.68 | -4,268,087.80 | 22% | ||
| REAP PRODUCT | 1,096,990.29 | 200,000.00 | 508,285.02 | -308,285.02 | 15,918,306.40 | 788,705.27 | 1,081,527.66 | -15,129,601.13 | -27% |
| 386,643,415.32 | 28,200,000.00 | 6,130,173.99 | 22,069,826.01 | 227,404,380.00 | 408,713,241.33 | -809,479.33 | 181,308,861.33 | -50591% | |
| CONSOLIDATED | BAL B/F | INFLOW | OUTFLOW | NET FLOW | CUM BUDGET YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
BUDGET VARIANCE YEAR TO DATE |
% CHANGE BETWEEN 2023 & 2022 (ACTUAL) |
| TENOR FUND | 306,448,303.23 | 180,500,000.00 | 69,608,003.86 | 110,891,996.14 | 591,251,388.00 | 417,340,299.37 | 427,932,191.03 | -173,911,088.63 | -2% |
| R-WIN | -10,783,524.81 | 255,000.00 | 540,000.00 | -285,000.00 | 12,994,536.20 | -11,068,524.81 | -9,374,600.63 | -24,063,061.01 | 18% |
| REAP PRODUCT | -2,350,216.28 | 770,000.00 | 528,285.02 | 241,714.98 | 45,480,875.80 | -2,108,501.30 | 2,671,884.12 | -47,589,377.10 | -179% |
| RBIP | - | - | - | 0% | |||||
| 293,314,562.14 | 181,525,000.00 | 70,676,288.88 | 110,848,711.12 | 649,726,800.00 | 404,163,273.26 | 421,229,474.52 | -245,563,526.74 | -4% |
MEETING ADJOURNMENT
Godfrey Egbuokporo said the closing prayers